In less than two weeks… Musk loses the title of “trillionaire”

American billionaire Elon Musk lost the title of “trillionaire” after his wealth declined to about $957.1 billion, according to the Bloomberg Billionaires Index, affected by the decline in the value of his stake in SpaceX in recent days.
The decline came after a decline in SpaceX shares in the secondary market, following a historic rise that had previously pushed the company to exceed a valuation of $2.2 trillion, giving Musk a wealth of nearly $1.1 trillion for the first time in the world on June 12.
Despite losing the title of “trillionaire,” Musk remains the richest man in the world and the biggest gainer among the world’s wealthy people since the beginning of the year, as his wealth has increased by about $337.7 billion since the beginning of 2026, which is the highest annual gain among the first 10 wealthy people on the Bloomberg index.